Most likely I will be wrong on this one, but this is how I see the chart right now. Too many people in short, sentiment is extremely bearish. We don't fall when everyone expect it.
This is only one argument though. Profile volumes show huge purchases too.
Don't open high leveraged positions guys, x5 - x7 is maximum. The next week will do its best to rug all of us, no matter who you are, bear or bull.
Back to the chart: LONG from $87,600 is okey, LONG from $91,000 breakout also good. But again, current market is very difficult to preict. Safest option - stay with no position.$BTC
Perfect! We avoided entering at market in time, and BTC dropped almost to 88,200.
Here’s how to enter properly: wait for price to reach 88,200, then watch for confirmation — 1–2 candles that hold the level and close above it. That’s your long entry, and you can move your stop to break-even after confirmation.
You can use the same approach at 86,500 and 84,500 as well.